PBOC’s New Rate Regime to Aid Liquidity and Bonds, Analysts Say

The People’s Bank of China’s latest refinement of its monetary policy toolkit is expected to damp money-market volatility and support bonds, according to analysts.

By Charlie Zhu, Wenjin Lv · Bloomberg Markets

The People’s Bank of China’s latest refinement of its monetary policy toolkit is expected to damp money-market volatility and support bonds, according to analysts.